
FirstRand Bank
FirstRand is one of South Africa’s leading financial services groups, headquartered in Johannesburg, with a strong presence across Gauteng, Western Cape, KwaZulu-Natal, and beyond. Formed in 1998 through a merger, it operates through subsidiaries like First National Bank (FNB), Rand Merchant Bank (RMB), WesBank, and Ashburton Investments, offering banking, insurance, and investment services.
Entry-Level Career Opportunities
For individuals looking to start their careers in the banking sector or related fields, FirstRand offers various entry-level opportunities that provide valuable experience and professional growth.
FirstRand offers various pathways for individuals starting their careers:
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Graduate Programs: Tailored for recent graduates, these programs provide immersive experiences in fields like finance, data analytics, and risk management. Notable programs include the Quant and Analytics Graduate Programme and the Chartered Accountant (CA) Programme.
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Learnerships: These combine theoretical learning with practical work experience, allowing participants to earn a qualification while gaining on-the-job training.
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Internships: Short-term placements designed to offer hands-on experience in various departments, helping interns develop relevant skills and industry knowledge.
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Direct Entry-Level Positions: Roles such as call centre agents, process engineers, and data scientists are available for individuals ready to contribute immediately.
Salary Expectations
Compensation at FirstRand varies based on the role and experience:
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Call Centre Agents: Approximately R21,460 per month.
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Quantitative Analysts and Internal Auditors: Annual salaries range from R450,000 to R584,000.
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Graduate Program Participants: While specific figures may vary, participants often receive competitive packages that include benefits such as study allowances for further certifications (e.g., CFA, FRM).
Requirements for Entry-Level Positions
To qualify for entry-level roles at FirstRand, candidates should possess:
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Educational Qualifications: A relevant degree or diploma, depending on the position. For specialized programs like the Quant and Analytics Graduate Programme, degrees in Actuarial Science, Data Analytics, Mathematics, Statistics, Risk Management, or Engineering are preferred.
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Skills and Competencies: Analytical thinking, problem-solving abilities, effective communication, and proficiency in relevant technical tools or software.
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Personal Attributes: A proactive mindset, adaptability, teamwork, and a commitment to continuous learning.
How to apply: Interested and qualified?
Prospective candidates can explore and apply for opportunities through FirstRand’s official careers portal.
The application process typically involves:
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Online Application: Submit your resume and complete the application form for the desired position.
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Assessment Tests: Depending on the role, you may be required to complete aptitude or technical assessments.
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Interviews: Successful candidates are invited for interviews, which may include panel discussions and technical evaluations.